Chelsea Counsel Co. Acquires New Position in ProShares UltraShort S&P500 $SDS

Chelsea Counsel Co. acquired a new stake in ProShares UltraShort S&P500 (NYSEARCA:SDS) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 42,170 shares of the real estate investment trust’s stock, valued at approximately $609,000. Chelsea Counsel Co. owned 0.67% of ProShares UltraShort S&P500 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SDS. JPMorgan Chase & Co. grew its holdings in shares of ProShares UltraShort S&P500 by 10.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 9,087 shares of the real estate investment trust’s stock valued at $151,000 after acquiring an additional 835 shares in the last quarter. Global Trust Asset Management LLC acquired a new position in shares of ProShares UltraShort S&P500 in the third quarter worth $29,000. Citizens Financial Group Inc. RI raised its holdings in shares of ProShares UltraShort S&P500 by 8.5% during the second quarter. Citizens Financial Group Inc. RI now owns 27,106 shares of the real estate investment trust’s stock worth $456,000 after acquiring an additional 2,125 shares in the last quarter. Adell Harriman & Carpenter Inc. raised its holdings in shares of ProShares UltraShort S&P500 by 14.9% during the third quarter. Adell Harriman & Carpenter Inc. now owns 17,235 shares of the real estate investment trust’s stock worth $249,000 after acquiring an additional 2,235 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its position in ProShares UltraShort S&P500 by 5.9% during the third quarter. Tower Research Capital LLC TRC now owns 45,185 shares of the real estate investment trust’s stock valued at $653,000 after purchasing an additional 2,502 shares during the last quarter.

ProShares UltraShort S&P500 Stock Performance

Shares of NYSEARCA SDS opened at $71.65 on Wednesday. ProShares UltraShort S&P500 has a one year low of $65.71 and a one year high of $141.55. The business’s 50-day moving average price is $68.23 and its two-hundred day moving average price is $70.35.

About ProShares UltraShort S&P500

ProShares UltraShort S&P500 (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the S&P 500 (the Index). The Index is a measure of large-cap the United States stock market performance. It is a float-adjusted, market capitalization-weighted index of 500 United States operating companies and real estate investment trusts selected through a process that factors criteria, such as liquidity, price, market capitalization and financial viability.